Posted 3/8/2024, 8:18:50 AM
Online Retailer Enters Administration; Takeover Deals and Rate Cut Hints Lift Markets Ahead of Jobs Report
- Matchesfashion to enter administration after being bought by Frasers Group in December
- Two more takeover deals announced - Mondi buys DS Smith and Mattioli Woods taken private
- Stock markets rise on hints of interest rate cuts from ECB and Fed chiefs
- ECB president Lagarde hints rate cuts could come in June
- Key US jobs report due later today, expected to show 200,000 jobs added in February